Otentik: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Otentik
Largest movements
- Cash +€2,299
up €2,299 (+9.8%), from €23,404 to €25,703
mainly Net result for the year (+€8,402) and Depreciation (+€1,177)
- Receivables within one year +€741
up €741 (+9.3%), from €7,971 to €8,712
- Profit (loss) carried forward +€8,402
up €8,402 (+39.9%), from €21,083 to €29,485
- Tax, wage and social debts -€3,025
down €3,025 (-44.5%), from €6,795 to €3,770
- Trade debts -€2,515
down €2,515 (-68.8%), from €3,654 to €1,139
- Gross operating margin -€7,660
down €7,660 (-33.4%), from €22,934 to €15,275
- Taxes -€1,987
down €1,987 (-43.7%), from €4,551 to €2,563
- Financial charges +€1,437
up €1,437 (+102.1%), from €1,408 to €2,845
- Depreciation +€550
up €550 (+87.7%), from €627 to €1,177
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €34,537 | €37,476 | +€2,939 | +8.5% |
| Fixed assets | 21/28 | €2,515 | €2,412 | -€103 | -4.1% |
| Tangible fixed assets | 22/27 | €1,825 | €1,722 | -€103 | -5.6% |
| Plant, machinery and equipment | 23 | €1,455 | €1,498 | +€43 | +2.9% |
| Furniture and vehicles | 24 | €371 | €225 | -€146 | -39.3% |
| Financial fixed assets | 28 | €690 | €690 | = | 0.0% |
| Current assets | 29/58 | €32,021 | €35,064 | +€3,042 | +9.5% |
| Amounts receivable within one year | 40/41 | €7,971 | €8,712 | +€741 | +9.3% |
| Trade receivables | 40 | €7,971 | €8,712 | +€741 | +9.3% |
| Cash at bank and in hand | 54/58 | €23,404 | €25,703 | +€2,299 | +9.8% |
| Deferred charges and accrued income | 490/1 | €646 | €649 | +€2 | +0.4% |
| Total equity and liabilities | 10/49 | €34,537 | €37,476 | +€2,939 | +8.5% |
| Equity | 10/15 | €24,083 | €32,485 | +€8,402 | +34.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,083 | €29,485 | +€8,402 | +39.9% |
| Amounts payable | 17/49 | €10,454 | €4,991 | -€5,463 | -52.3% |
| Amounts payable within one year | 42/48 | €10,454 | €4,991 | -€5,463 | -52.3% |
| Trade debts | 44 | €3,654 | €1,139 | -€2,515 | -68.8% |
| Suppliers | 440/4 | €3,654 | €1,139 | -€2,515 | -68.8% |
| Taxes, remuneration and social security | 45 | €6,795 | €3,770 | -€3,025 | -44.5% |
| Taxes | 450/3 | €6,795 | €3,770 | -€3,025 | -44.5% |
| Other amounts payable | 47/48 | €5 | €82 | +€77 | +1470.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €627 | €1,177 | +€550 | +87.7% |
| Other operating charges | 640/8 | €155 | €287 | +€133 | +85.7% |
| Gross operating margin | 9900 | €22,934 | €15,275 | -€7,660 | -33.4% |
| Operating profit (loss) | 9901 | €22,153 | €13,811 | -€8,342 | -37.7% |
| Financial charges | 65/66B | €1,408 | €2,845 | +€1,437 | +102.1% |
| Recurring financial charges | 65 | €1,408 | €2,845 | +€1,437 | +102.1% |
| Profit (loss) for the period before taxes | 9903 | €20,745 | €10,966 | -€9,779 | -47.1% |
| Income taxes | 67/77 | €4,551 | €2,563 | -€1,987 | -43.7% |
| Profit (loss) for the period | 9904 | €16,194 | €8,402 | -€7,792 | -48.1% |
| Profit (loss) for the period to be appropriated | 9905 | €16,194 | €8,402 | -€7,792 | -48.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.